
Schaeffler reports strong sales growth
Schaeffler was able to increase its turnover to around 14.0 billion euros in 2017. The automotive and industrial supplier thus recorded an increase of 5.9 percent.

Schaeffler was able to increase its turnover to around 14.0 billion euros in 2017. The automotive and industrial supplier thus recorded an increase of 5.9 percent.

Compressors and compressed air
China's largest commercial vehicle manufacturer, Dongfeng Auto Parts, transferred its compressor and compressed air activities to the joint venture on January 1.

Jan Willem Jongert joined the Bott Group as Managing Director and Spokesman of the Management Board in January 2018. Dr. Reinhard Wollermann-Windgasse has retired.

Andreas Ostermann von Roth joined the Aventics management team as Chief Operating Officer (COO) on January 1, 2018.

Vice President Alexander von Schweinitz left Schneider Electric at the end of 2017. Dr. Barbara Frei, Zone President Schneider Electric DACH, will lead the Building Germany division until further notice.

Camera generations for driver assistance...
ZF expands production and development for safety electronics in Czestochowa, Poland, with a 10,000 square meter production facility.

Now that the integration phase of Cooper Roller Bearings into SKF has been completed, the company has decided to market all Cooper split bearing product lines under the name "SKF Cooper".

Dr. Jochen Kress has been Managing Partner of the Mapal Group since 1 January 2018. His father, Dr. Dieter Kress, retired from the management of the company at the turn of the year.

The new CEBIT focuses on business, leads and new ideas - the ideal environment for young, up-and-coming companies that are looking for new business partners and want to present themselves to the international market. The meeting place is "scale11".

The Weidmüller Group acquired the Malaysian company ConnectPlus Technology Sdn Bhd, headquartered in Kuala Lumpur, with effect from January 1, 2018.

The car sharing pioneer car2go, a wholly owned subsidiary of Daimler AG, was able to further expand its market leadership in the past financial year.

Erik Hodenpijl is the new CEO of Dutch tool manufacturer Bosch Sprang. He takes over from Rob Smeulders.

Dr. Ralf Zander is the new Board Member for Finance and Controlling at the Lapp Group.

Consolidation of logistics and sales
Stauff and Voswinkel merge logistics and sales. Since January 2, the products of both companies have been supplied seamlessly by Walter Stauffenberg GmbH & Co.

Von Schweinitz has left the company
At his own request, Alexander von Schweinitz handed over operational responsibility for the Building Commercial division at the end of 2017.

Annual targets for 2017 exceeded
With sales of around 44 billion euros, growth of more than 8 percent and an adjusted EBIT margin of around 10.8 percent, Continental exceeded its annual targets.